Search Results for: potential fraud
BitPay Commemorates 10 Years as Leading Blockchain Payment Processor
Expands Blockchain Services Bringing Crypto Mainstream BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced its 10th birthday. Founded in June 2011, while Bitcoin was still in its infancy, BitPay wanted to make it easy for businesses to accept bitcoin payments and grew into the largest bitcoin......
Socure Increases Approval Rates and Slashes False Positives for Capital One US Card Team as Capital One Ventures Completes Strategic Investment in Company
Socure, the leading platform for digital identity trust, announced that it has received a strategic investment from Capital One Ventures, the venture arm of McLean, Virginia-based Capital One Financial Corporation. This latest investment comes on the heels of Socure’s $100m Series D raise led by Accel in March, which catapulted the company to unicorn status.......
Veriff Releases New Anti Money Laundering Compliance Product
 Veriff, a global identity verification provider released its new Anti Money Laundering (AML) compliance product, providing its customers with a full suite of tools to help them comply with anti-money laundering regulations. Identity verification, Politically Exposed Person (PEP) checks, adverse media screening, ongoing monitoring of persons and sanctions services help financial institutions......
Alloy Appoints Venture Capital Veteran Kiran Hebbar as Chief Financial Officer
Grows Executive Bench with New VP of Engineering and VP of Enterprise Sales to Drive Product and Market Expansion Alloy, the leading identity decisioning platform for banks and fintech companies, today announced three key appointments to its growing leadership team. Kiran Hebbar joins as Chief Financial Officer (CFO), where he will be......
Money Laundering: How It Works, and How to Combat It
For the layperson, the act of anti-money laundering monitoring may seem like it should solely be the purview of governmental authorities. But the fact of the matter is that money laundering is a process far more common than one might think:Â according to the Treasury department, financial crime in the United......
Medius Pay Transforms The Payments Process
Medius Pay transforms the payment process – and helps deliver efficiency, significant cost savings, and reduced risk exposure While many Accounts Payable departments deploy automation to streamline invoice processing, significant inefficiencies still exist in the “last mile” of the AP process: payments. Complex processes across multiple payment methods are both......
Cleareye.ai Joins ITFA & the Fintech Committee
Cleareye.ai, a leading fintech platform that transforms banks into hyper-agile organizations, announced that it is joining the ITFA Fintech Committee. Cleareye.ai, aiming to make a significant impact in the trade finance ecosystem, finds ITFA the perfect forum to achieving its mission. Cleareye.ai’s “ClearTrade” is designed to make the trade operations......
Ivno Formally Launches Pioneering Tokenization Software Solution
– Secure, dynamic smart contract enabled Tokenization platform designed for regulated financial services firms, optimised on R3 Corda – Aligned with recent announcement by the Treasury on new fintech taskforce for digital currency – Tokenisation market size estimated to reach US$1.5 trillion in Europe by 2024 – Industry at the......
UK-Based Propetly Partners With Sumsub to Automate a Property Investment Market That Hasn’t Changed for 30 Years
Propetly, a new marketplace for buying and selling investment properties, partners with Sumsub, an identity verification solution that provides an all-in-one technical and legal toolkit for KYC/KYB/AML needs. In an otherwise stagnant industry in which efficiency has only increased by 4% over the past 30 years, Propetly and Sumsub are......